PPP Loan information for Kar kraft inc

$122,880

Kar kraft inc was initially approved for PPP Loan of amount $122,880, the current approved amount is $122,880. The loan was approved on 04/28/2020 by The Solutions Bank reported 11 jobs and $122,880 was used to fund payroll.

Kar kraft inc is Existing or more than 2 years old

KAR KRAFT INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KAR KRAFT INC

Borrower Address

3008 Kilburn Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61101

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122880.00

Current Approval Amount

122880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21382

Servicing Lender Name

Solutions Bank

Servicing Lender Address

200 Main St

Servicing Lender City

FORRESTON

Servicing Lender State

IL

Servicing Lender Zip

61030

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61101-1000

CD

IL-17

Jobs Reported

11

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122880.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21382

Originating Lender

Solutions Bank

Originating Lender City

FORRESTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

123437.88

Forgiveness Date

11/04/2020

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